Pacific Ethanol (PEIX) Posts Q1 GAAP Loss of 32c/Share

Pacific Ethanol (NASDAQ: PEIX) reported Q1 EPS of ($0.32), which may not compare with the analyst estimate of ($0.13). Revenue for the quarter came in at $342.4 million versus the consensus estimate of $360.37 million.

Adjusted net loss was $13.6 million for the first quarter of 2016, compared to adjusted net loss of $4.5 million in the first quarter of 2015.

Adjusted EBITDA was positive $1.6 million for the first quarter of 2016, compared to negative $2.7 million for the first quarter of 2015.

For earnings history and earnings-related data on Pacific Ethanol (PEIX) click here.

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